Vietnam’s production of electronic products, computers, and optical products declined by 4.2 percent in December compared to November, according to Vietnam’s Industrial Production Index.

Year-on-year, the sector grew by 8 percent in December compared to December 2023. Over the full year of 2024, cumulative growth reached 8.3 percent compared to 2023, highlighting the sector’s robust performance despite the monthly dip.

The monthly decline in December may reflect seasonal adjustments or supply chain challenges, but the year-on-year and annual growth demonstrate Vietnam’s expanding capacity in the electronics and IT hardware industries. Increasing global demand for computers, components, and optical products has driven the sector’s steady growth.

Electronics and computers are among Vietnam’s key export sectors, contributing significantly to its economic growth. The country benefits from its role in global supply chains, supported by strong foreign direct investment and a skilled workforce. Investments in research and development, alongside government support, further bolster Vietnam’s competitiveness in this high-tech industry.

The strong annual growth in 2024 underscores the sector’s pivotal role in Vietnam’s industrial and export landscape.

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